TORONTO, ONTARIO--(Marketwired - Aug 15, 2016) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that it has received commitments to raise $540,000 in gross proceeds and that excellent progress has been made in further reducing the fixed cost base across the organisation. Non-Brokered Private Placement The Company has received commitments to raise C$540,000 in [...]
TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that in connection with the annual and general meeting of the Company's shareholders held in Toronto on May 3, 2016 (the 'Meeting') and in accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following voting results [...]
TORONTO, ONTARIO--(Marketwired - Jan 14, 2016) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce an earn-in agreement ("Earn-In") has been executed with B2Gold Namibia ("B2Gold") whereby B2Gold can earn up to a 100% interest in the Ondundu Gold Project ("Ondundu") in Namibia. The principal commercial terms of the Earn-In are as follows: In the first 12 months [...]
TORONTO, ONTARIO--(Marketwired - Dec 9, 2015) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") announces the SEDAR filing of a supplement ("Supplement") to its management information circular dated April 1, 2015. At the request of the Ontario Securities Commission, the Supplement provides information in connection with disclosure related to the representation of women on the [...]
TORONTO, ONTARIO--(Marketwired - Oct. 13, 2015) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") today reported that it has closed its previously announced non-brokered private placement (the "Private Placement") by issuing 15.34m units at $0.12 per unit for gross proceeds of $1.84m (CDN). Each unit consists of one Class A Common Share ("Common Share") and one half of one Common [...]
TORONTO, ONTARIO--(Marketwired - Sept. 14, 2015) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to report that further to its announcement on August 8 2015, it intends to raise up to C$2.35m in gross proceeds by way of a non-brokered private placement. As a result of market conditions, the Company has revised the terms of the financing so that up to 19.6m units ("the [...]
TORONTO, ONTARIO--(Marketwired - Aug 12, 2015) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that it intends to raise up to C$2.2m in gross proceeds by way of a non-brokered private placement of up to 16.9m units ("the Units") in the Company at a subscription price of $0.13 per Unit. Each Unit will consist of one Class A Common Share ("Common Share") and [...]
TORONTO, ONTARIO--(Marketwired - May 6, 2015) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce today that in connection with the annual and general meeting of the Company's shareholders held in Toronto on May 5, 2015 (the 'Meeting') and in accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following voting [...]
TORONTO, ONTARIO--(Marketwired - Mar 18, 2015) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce the results of a Feasibility Study1 ("FS") for its wholly-owned Norasa Uranium Project ("Norasa") located in the Erongo region of Namibia. The FS completed by engineering consultants, Amec Foster Wheeler together with reliance on other experts in the fields of [...]
Forsys Metals is pleased to announce the completion of a metallurgical report by SGS South Africa (Pty) Ltd. This study is a major component of the Company's Norasa Uranium Project Feasibility Study ("FS") being prepared by AMEC Foster Wheeler and slated for completion in Q1 2015. Highlights of the Metallurgical Study compared with the 2013 Engineering Cost Study ("ECS"): Overall uranium recovery increased to 91.3% from [...]
TORONTO, ONTARIO--(Marketwired - Oct 29, 2014) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") today reported that it has closed its previously announced non-brokered private placement by issuing 9,420,000 units at $0.25 per unit for gross proceeds of $2,355,000 (CDN). Each unit consists of one Class A Common Share ("Common Share") and one half of one Common Share purchase warrant [...]
TORONTO, ONTARIO--(Marketwired - Oct 9, 2014) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that the terms of its previously announced (see August 8, 2014 news release) non-brokered private placement (the "Private Placement") have changed. The Company has received binding commitments from subscribers to purchase a total of 9,420,000 units of the Company [...]